Calculators
Close

Life Expectancy Calculator

Our calculator will provide you with the remaining life expectancy of the average Canadian of a particular age and gender, based on the most recent Statistics Canada life expectancy data*.

 

 

 

 

 


*Source:  Statistics Canada, Life Table for Canada (2007-2009).
Gender:
Age:
0 yrs
99 yrs
40 Yrs

Results:

A 40 year old male is expected to live another
40.25 years.

Life expectancy before age 65 is 24.04 years.

Calculate Present Value:

To Life Expectancy To Age 65

Present Value Calculator

Our immediate present value calculator will provide you with the approximate present value of a future stream of $xxx.xx per year, paid monthly, for a given number of years. You will need to select the appropriate discount rate depending on the type of payments (level or indexed) to be made.

For tort claims in Ontario, the discount rate is set annually as per Rule 53.09 of the Ontario Rules of Civil Procedure and is noted as ON in the discount rate drop-down list.

 Years
Number of Years of Payment:
Discount Rate:
%
Current Annual Dollar Amount:

Present Value Results:

The Present Value of $2500 per year, paid monthly, for 10
years using a discount rate of 3.00% is $21617.17

Court Award Inflation Calculator

 

Our calculator will provide the current value of a past Court award adjusted for inflation. The current value is calculated using the most recent Consumer Price Index data available. If you are unsure of the month of the Court Award, you can select the Average annual option ("Use Avg. Ann.").

 

 

 

*Calculated using the Consumer Price Index for Canada, all-items, not seasonally adjusted historical data (2002 = 100).
Amount of Court Award:
Year of Court Award:
Month of Court Award:

Results:

A $ Court award in , adjusted for
inflation*, would be equivalent to $ in
of .

McKellar Blog

Stay up-to-date on what’s happening at McKellar and in the world of Structured Settlements.

 McKellar Blog Feed

 

Brain Injury Awareness Event – Brainstock

June 14, 2013
June is Brain Injury Awareness Month! On Wednesday June 12, 2013 McKellar attended the Brain Injury Awareness Event - Brainstock at Nathan Phillips Square in support of Brain Injury Awareness month. It was a gr...

Relay for Life 2013 - Success!

June 11, 2013
Mötley McKellar Crüe Fights Back!  On Friday, June 7th, 2013, the Mötley McKellar Crüe participated in Guelph’s Relay for Life. As a team we not only met our goal of $10,000 but exceeded it - raising $22,470.19 for the ...

Relay for Life 2013

May 15, 2013
The Mötley McKellar Crüe Relays for Life! We are "first timers" for the Relay, and a little nervous, but also excited and proud to participate.  We are hoping to make the Relay an annual event for McKellar! As a team, we have...

Updated McKellar Mobile Apps

April 12, 2013
Our Mobile Apps reflect Stats Can changes. We've updated our iPhone®, Android™ and BlackBerry® Apps to reflect the new Statistics Canada life table changes! Visit the App Store, Android Market or BlackBerry World to download...

Statistics Canada Life Tables (2007- 2009)

March 14, 2013
New Statistics Canada Life Tables Published. Click on the link below to access Statistics Canada and view the changes: Life Tables, Canada, Provinces and Territories, 2007 to 2009 (84-537-X). Compared to the 2000-2002 Tables, female life expe...

Take a page from The Great One’s playbook

March 8, 2013
Annuities score points with The Great One. Wayne Gretzky cites an annuity as his best investment. In a recent interview covered by the Toronto Star (October 2012), Wayne Gretzky offered his advice on investing. He said a conservative investment strat...

Why am I Receiving a Letter From the Life Insurer About My Structure?

February 14, 2013
Already have a McKellar Structured Settlement? As an existing structure recipient, you may have received a letter from the life insurer making your structured settlement annuity payments. These are known as “verification letters”. They ar...

Tip #2 – Clarify structure ownership!

January 7, 2013
Top 10 Structure Tips - Tip #2 Welcome back to our series of 10 tips for lawyers and claims professionals working in the world of personal injury and structured settlements. For those of you experienced in the field of structured settlements, these ...

Seasons Greetings

December 18, 2012
Seasons Greetings... The Principals, Associates and staff at McKellar wish you all the best for the holiday season. We are thankful for your friendship and support. On behalf of our clients and friends, we have made a donation to Make A Wish Canada. ...

Frank McKellar

November 28, 2012
Frank McKellar, President Emeritus to retire M.A., CSSC - President Emeritus After more than 33 years in the Structured Settlements field, Frank McKellar, President Emeritus of McKellar Structured Settlements Inc., will retire effective Dece...